EquityPandit’s Outlook for Hindustan Unilever for the week (Nov 11, 2019 – Nov 15, 2019):
BSE: 500696| NSE: HINDUNILVR| ISIN: INE030A01027| SECTOR: FMCG
Stock closed the week on negative note loosing -4.28%
Week High: 2189.90
Week Low: 2092
Week Range: 97.90 points
Hindustan Unilever Ltd.
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2032.90 levels, Minor resistance on the upside is capped around 2148.50levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 1991and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @2206
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish EquityPandit predicts range for the week as 2206 on upside and 1991on downside.
Weekly Pivot Levels For HINDUNILVR: